JEAN-PHILIPPE COOLS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JEAN-PHILIPPE COOLS
Largest movements
- Cash +€7,469
up €7,469 (+11.0%), from €68,193 to €75,663
mainly Net result for the year (+€57,687) and Depreciation (+€6,492)
- Tangible fixed assets -€5,497
down €5,497 (-11.7%), from €46,800 to €41,304
of which Plant, machinery and equipment: -€4,460
- Deferred charges and accrued income -€3,042
down €3,042 (-27.5%), from €11,071 to €8,029
- Receivables within one year +€2,017
up €2,017 (+16.5%), from €12,226 to €14,244
of which Trade receivables: +€2,553
- Profit (loss) carried forward +€57,687
up €57,687 (+113%), from €51,235 to €108,923
- Other debts -€47,772
down €47,772 (-66.7%), from €71,613 to €23,840
- Tax, wage and social debts -€8,989
down €8,989 (-73.1%), from €12,303 to €3,314
- Gross operating margin +€29,404
up €29,404 (+54.3%), from €54,126 to €83,530
- Taxes +€6,400
up €6,400 (+67.7%), from €9,459 to €15,859
- Depreciation -€4,347
down €4,347 (-40.1%), from €10,840 to €6,492
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,321 | €139,269 | +€948 | +0.7% |
| Fixed assets | 21/28 | €46,830 | €41,334 | -€5,497 | -11.7% |
| Tangible fixed assets | 22/27 | €46,800 | €41,304 | -€5,497 | -11.7% |
| Land and buildings | 22 | €17,287 | €16,396 | -€891 | -5.2% |
| Plant, machinery and equipment | 23 | €26,149 | €21,689 | -€4,460 | -17.1% |
| Furniture and vehicles | 24 | €3,365 | €3,219 | -€146 | -4.3% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €91,491 | €97,936 | +€6,444 | +7.0% |
| Amounts receivable within one year | 40/41 | €12,226 | €14,244 | +€2,017 | +16.5% |
| Trade receivables | 40 | €11,686 | €14,238 | +€2,553 | +21.8% |
| Other amounts receivable | 41 | €541 | €5 | -€535 | -99.0% |
| Cash at bank and in hand | 54/58 | €68,193 | €75,663 | +€7,469 | +11.0% |
| Deferred charges and accrued income | 490/1 | €11,071 | €8,029 | -€3,042 | -27.5% |
| Total equity and liabilities | 10/49 | €138,321 | €139,269 | +€948 | +0.7% |
| Equity | 10/15 | €53,235 | €110,923 | +€57,687 | +108% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,235 | €108,923 | +€57,687 | +113% |
| Amounts payable | 17/49 | €85,086 | €28,347 | -€56,739 | -66.7% |
| Amounts payable within one year | 42/48 | €85,086 | €28,347 | -€56,739 | -66.7% |
| Trade debts | 44 | €1,170 | €1,192 | +€22 | +1.9% |
| Suppliers | 440/4 | €1,170 | €1,192 | +€22 | +1.9% |
| Taxes, remuneration and social security | 45 | €12,303 | €3,314 | -€8,989 | -73.1% |
| Taxes | 450/3 | €12,303 | €3,314 | -€8,989 | -73.1% |
| Other amounts payable | 47/48 | €71,613 | €23,840 | -€47,772 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,840 | €6,492 | -€4,347 | -40.1% |
| Other operating charges | 640/8 | €3,217 | €3,376 | +€159 | +4.9% |
| Gross operating margin | 9900 | €54,126 | €83,530 | +€29,404 | +54.3% |
| Operating profit (loss) | 9901 | €40,069 | €73,662 | +€33,592 | +83.8% |
| Financial charges | 65/66B | €115 | €115 | -€0 | -0.3% |
| Recurring financial charges | 65 | €115 | €115 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €39,954 | €73,546 | +€33,593 | +84.1% |
| Income taxes | 67/77 | €9,459 | €15,859 | +€6,400 | +67.7% |
| Profit (loss) for the period | 9904 | €30,495 | €57,687 | +€27,193 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,495 | €57,687 | +€27,193 | +89.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.